Deal and ratings review, week ending February 24 2012
- Friday, 24 February 2012
Australian deal flow has remained subdued although issuance came from a number of sectors, including a syndicated Commonwealth government inflation-linked issue and the return of an Asian bank to the domestic market via its Sydney branch. In ratings actions, Fitch Ratings downgraded three of the Australian majors to equalise all the big four ratings at AA- stable.
